Cryptocurrency Analysis and News Portal
In March 2022, Bankman-Fried even took a dinner with Mayor Adams at Osteria La Baia, an Italian restaurant near the Museum of Modern Art that’s owned by friends of Hizzoner and has become his de-facto after-hours office. A copy of the mayor’s public schedule has a “Hold for Mayor” meeting
Read More
Over the last week, GOTO stock lost about 20% in price, from 83 rupiahs per share on Monday to an all-time low of 67 rupiahs on Friday, with its market cap dropping to 80.5 trillion rupiahs from 101 trillion rupiahs. William Tanuwijaya, the founder of the leading Indonesian e-commerce company Tokopedia, has
Read More
GoTo hopes to achieve positive Group adjusted EBITDA1 within the fourth quarter of 2023 while also reaching a full-year 2023 Group adjusted EBITDA1 to be between Rp 5.3 to Rp 4.6 trillion. Investors of Indonesia’s top tech giant GoTo Gojek Tokopedia PT Tbk (IDX: GOTO)are expressing mixed reactions to the recent
Read More
Just last month, the firm announced it retrenched 12% of its workforce.Indonesian internet company GoTo Gojek Tokopedia PT Tbk (IDX: GOTO) has seen a continuous and consistent drop in its shares as investor sentiments grow bearish across the board. After a 7% stock price drop to IDR 93.00, GoTo Gojek
Read More
GoTo is the worst large tech IPO of 2022 after plunging for 10 consecutive sessions amid the global selloff.GoTo is the worst of the largest tech Initial Publis Offerings (IPO) this year, according to reports. The shares of the Indonesian startup plunged for 10 consecutive sessions as fears regarding an expiring lock-up
Read More
In recent years, stablecoins have become wildly popular throughout the crypto universe due to their inherent feature that safeguards investors from the volatility of the crypto market. They are used for various use cases and exist across different blockchain platforms. Until recently, stablecoins, decentralized finance (DeFi), non-fungible tokens (NFTs), and other
Read More